How Much Does 2013 Honda Odyssey Car Insurance Cost?

I can’t think of a single person who cherishes buying insurance, especially when the cost is too high.

Companies like Geico, Farmers Insurance and State Farm all claim big savings with ads and it can be hard to see past the geckos and flying pigs and take the time to shop coverage around.

If you are paying for car insurance now, you should be able to reduce your rates substantially using these tips. Finding the best rates is not that difficult. Although car owners must comprehend the way companies price online insurance and apply this information to your search.

Insurance Prices

To find the best insurance prices, there are several ways to compare rate quotes from insurance companies in your area. The easiest way to find competitive 2013 Honda Odyssey insurance rates is to get quotes online. This can be done in just a few minutes using one of these methods.

  • The best way to get quotes for comparison would be an industry-wide quote request form click here to open form in new window. This easy form keeps you from doing repetitive form submissions to each individual insurance company. Completing one form gets rate comparisons from many national carriers.
  • A less efficient way to compare rate quotes requires a visit to each individual company website to complete a price quote. For examples sake, we’ll assume you want comparison quotes from Nationwide, Geico and Allstate. To find out each rate you need to spend time on each company’s site to enter your coverage information, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

  • The least recommended way of comparing rate quotes is to drive around to different agent offices. The ability to buy insurance online can eliminate the need for a local agent unless you have a need for the professional guidance that only a license agent can provide. You can, however, find lower rates online but still have the advice of a local agent.

Whichever method you choose, ensure you are comparing apples-to-apples coverage information for every company. If your comparisons have higher or lower deductibles it’s impossible to make an equal comparison. Quoting even small variations in insurance coverages may result in a large different in cost. Just remember that obtaining a wide range of quotes will enable you to find a lower rate.

Be sure to get all your discounts

Car insurance companies don’t necessarily list every discount in an easy-to-find place, so here is a list both the well known as well as the least known insurance coverage savings.

  • Safety Course Discount – Successfully completing a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.
  • Sign Early and Save – A few companies offer discounts for switching to them before your current policy expires. It can save you around 10%.
  • College Student – Children who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.
  • Employee of Federal Government – Employees or retirees of the government may qualify you for a discount for Odyssey insurance with select insurance companies.
  • Memberships – Belonging to a qualifying organization could qualify you for a break when shopping for insurance coverage for Odyssey insurance.
  • Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you can actually save on your bill.
  • Discounts for Safe Drivers – Safe drivers may receive a discount up to 45% less for Odyssey insurance than their less cautious counterparts.
  • Auto/Home Discount – If you insure your home and vehicles with one company you will save 10% to 20% off each policy.

A little note about advertised discounts, many deductions do not apply to your bottom line cost. A few only apply to the price of certain insurance coverages like medical payments or collision. Even though it may seem like you would end up receiving a 100% discount, companies wouldn’t make money that way.

For a list of insurers who offer insurance coverage discounts, click this link.

Your Honda Odyssey insurance rate is a complex equation

An important part of buying insurance is that you know the rating factors that play a part in calculating your insurance coverage rates. Understanding what influences your rates enables informed choices that may reward you with lower insurance coverage prices.

  • Don’t cancel a policy without a new one in place – Not having insurance is illegal and as a result your rates will increase for letting your coverage have a gap. And not only will your rates increase, but being ticketed for driving with no insurance might get you a license revocation or jail time.Then you may be required to prove you have insurance by filing a SR-22 with your state DMV.
  • Multi-policy discounts can save money – Some companies will give a discount to people who buy several policies from them. It’s known as a multi-policy discount. Discounts can be anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s in your best interest to compare rates to verify if the discount is saving money. Drivers may still find a better deal by insuring with multiple companies.
  • More claims means more premium – Companies generally give lower rates to people who are claim-free. If you frequently file small claims, you can definitely plan on higher rates. Your insurance policy is designed for the large, substantial claims.
  • Liability coverage protects you – Liability insurance provides coverage when you are found liable for damages caused by your negligence. Liability insurance provides legal defense coverage starting from day one. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.
  • Rates may be lower depending on your job – Did you know your insurance coverage rates can be affected by your occupation? Occupations like judges, business owners and financial analysts tend to have higher average rates attributed to stressful work requirements and lots of time spent at work. Conversely, professions such as scientists, engineers and performers receive lower rates for Odyssey insurance.
  • Younger drivers pay higher rates – Older drivers are more responsible, tend to file fewer claims and receive fewer citations. Young drivers have a tendency to get distracted easily behind the wheel therefore insurance coverage rates are much higher.
  • Your car’s features help determine rates – Purchasing a vehicle that has an advanced theft prevention system can help lower your rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your car from being stolen.

How do I know if I need professional advice?

When it comes to choosing the best insurance coverage coverage for your vehicles, there is no single plan that fits everyone. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions could help you determine if your insurance needs will benefit from professional help.

  • Is my 2013 Honda Odyssey covered for flood damage?
  • Do I have coverage for damage caused while driving under the influence?
  • Exactly who is provided coverage by my policy?
  • What are the financial responsibility laws in my state?
  • Do I have newly-aquired coverage?
  • Why am I required to buy liability insurance?
  • Does my 2013 Honda Odyssey qualify for pleasure use?
  • Is my teenager covered with friends in the car?
  • Can I drive in Mexico and have coverage?
  • How do I file an SR-22 for a DUI in my state?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Do drivers who switch really save $437 a year?

Progressive, Geico, Allstate and State Farm continually stream ads in print and on television. All the companies make the same claim that you can save after switching to their company. How can each company make almost identical claims?

Insurance companies are able to cherry pick for the type of customer they prefer to insure. For example, a profitable customer might be over the age of 50, insures multiple vehicles, and drives newer vehicles. Any new insured who fits that profile will qualify for the lowest rates and is almost guaranteed to pay quite a bit less when switching companies.

Drivers who don’t qualify for the “perfect” profile will have to pay a higher premium which leads to business going elsewhere. The ads state “customers that switch” not “everybody who quotes” save that much. That’s the way insurance companies can make those claims. Because of the profiling, drivers should quote coverage with many companies. It’s just too difficult to predict which insurance companies will give you the biggest savings on Honda Odyssey insurance.

Car insurance coverages explained

Knowing the specifics of car insurance aids in choosing the right coverages for your vehicles. Car insurance terms can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverages available from car insurance companies.

Comprehensive protection

This pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as rock chips in glass, a tree branch falling on your vehicle, theft, damage from a tornado or hurricane and damage from getting keyed. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things like hitting a mailbox, hitting a parking meter and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Liability coverages

Liability coverage provides protection from damage or injury you incur to people or other property. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims like legal defense fees, pain and suffering, medical expenses and attorney fees. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like EMT expenses, rehabilitation expenses, dental work, chiropractic care and prosthetic devices. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

More quotes. Lower rates.

Cheap 2013 Honda Odyssey insurance can be sourced both online as well as from independent agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance providers don’t offer online quoting and many times these regional insurance providers only sell through independent insurance agents.

As you shop your coverage around, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many situations where an accident victim reduced full coverage and discovered at claim time that it was a big error on their part. Your aim should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

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